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Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its components department. The mechanical systems are combined with the housing assembly in its nishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and 0H rate" answers to 2 decimal places.) Process Activity Overhead Cost Driver Quantity Components Changeover 5 453,566 Number of batches 710 Machining 301,366 l'lachine hours ?,5?6 Setups 226,800 Number of setups 180 5 986,366 Finishing Welding 5 181,706 welding hours 4,860 Inspecting 234,600 Number of inspections 795 Rework 68,666 Rework orders 1?0 5 476,360 Support Purchasing 5 135,866 Purchase orders 495 Providing space 31,?% Number of units 5,?% Providing utilities 68,376 Number of units 5,?60 5 227,870 Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced 1,960 3,306 welding hours 1,23% 2,2M Batches 355 355 Number of inspections 505 2'30 Machine hours 2,326 5,256 Setups 50 56 Rework orders 90 86 Purchase orders 330 165 Required: 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $240 for Model 145 and $170 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $748 and the market price for Model 212 is $470, determine the profit or loss per unit for each model. Model 145 Model 212 Market price